December 28, 2025

Fresh trouble for Russia-backed Nayara Energy! SBI stops trade & foreign currency transactions of Indian refinery; doesn’t want to risk US tariffs, EU curbs

NEWS04 mins

Nayara Energy has been facing challenges since July, when the European Union enacted its 18th sanctions package. (AI image) Russia-backed Indian refinery Nayara Energy is faced with a fresh challenge. India’s largest public sector lender SBI has stopped processing international trade and forex transactions for Nayara Energy following recent US tariff hikes. The bank’s decision…

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‘Process of removal should begin’: LS Speaker forms panel to probe Justice Varma cash row; who’s on committee? | India News

NEWS03 mins

NEW DELHI: Lok Sabha Speaker Om Birla on Tuesday announced the formation of a three-member committee to investigate allegations against Justice Yashwant Varma in connection with the “cash-at-home” controversy.The panel will include senior advocate PV Acharya of the Karnataka high Court as the jurist member. SC judge Aravind Kumar, Madras HC Chief Justice Manindra Mohan…

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Gold price prediction today: Where are gold rates headed on August 12, 2025? Here’s the outlook

NEWS07 mins

Gold price prediction: Gold is still caught in its nearly 12-week-old range of $3,250-$3,450. (AI image) Gold price prediction today: Gold rates are stuck in a range despite spurts of positive upside. Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan shares his views on gold price outlook and what levels…

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Adani expands aircraft MRO biz, buys Nagpur firm Indamer

NEWS02 mins

NEW DELHI: The Adani Group has further expanded its presence in the maintenance, repair and overhaul (MRO) space. After acquiring Air Works, it has now bought another major MRO player in Nagpur.Adani Defence Systems and Technologies (ADSTL), through its joint venture Horizon Aero Solutions, has signed a definitive agreement to acquire a 100% stake in…

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Mutual fund trends: Equity inflows hit record Rs 42,702 crore in July, sectoral funds lead, debt sees Rs 1.06 lakh crore revival

NEWS04 mins

Mutual fund inflows hit fresh records in July, with equity schemes attracting Rs 42,702 crore — up 81% from June’s Rs 23,587 crore — and debt funds bouncing back with Rs 1.06 lakh crore after two months of withdrawals. In July 2024, equity inflows stood at Rs 37,113 crore.Sectoral and thematic schemes topped the equity…

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Anti-aging and stem cell research gains momentum in India’s healthcare sector | India News

NEWS010 mins

The landscape of health and longevity in India is witnessing a quiet but profound transformation, driven by advancements in regenerative medicine, particularly stem cell research. What was once considered a speculative area of science is now demonstrating tangible results, fostering a new perspective on aging not merely as an inevitable decline but as a process…

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US chip policy: Nvidia, AMD agrees to share 15% China sales revenue with Washington; deal tied to AI export license

NEWS03 mins

Nvidia and AMD have agreed to hand over 15% of their revenues from chip sales to China to the US government, a senior US official confirmed, according to the Associated Press. The arrangement is part of a deal allowing the companies to resume sales of specific artificial intelligence chips to the Chinese market.The revenue-sharing terms…

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Evening news wrap: India rebuffs Pak’s ‘nuclear blackmail’, slams Munir; SC rules on Delhi stray dog menace & more | India News

NEWS06 mins

Stray dog and Munir (File photos) The ministry of external affairs slammed Pakistan army chief Asim Munir‘s “nuclear” remarks made in the US, calling Pakistan “an irresponsible state with nuclear weapons” and saying “nuclear sabre-rattling is Pakistan’s stock in trade.” In Karnataka, Congress leader and cooperation minister KN Rajanna resigned after the party high command…

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